FIRST DUPAGE BANK Failed 2009
What happened
FIRST DUPAGE BANK of WESTMONT, IL was closed on 2009-10-23. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FIRST MIDWEST BANK (ITASCA, IL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3694
- FDIC Certificate
- 35038
- FDIC FIN
- 10128
- Bank name
- FIRST DUPAGE BANK
- Location
- WESTMONT, IL
- Failure date
- 2009-10-23
- FDIC resolution date
- 2009-10-23
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $85M
- Deposits at failure
- $254M
- Assets at failure
- $262M
- Acquiring bank
- FIRST MIDWEST BANK (ITASCA, IL)
Other banks FIRST MIDWEST BANK acquired in FDIC resolutions